मराठी

From the following information, compute:(i) Material Cost Variance,(ii) Material Price Variance,

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प्रश्न

From the following information, compute:
(i) Material Cost Variance,
(ii) Material Price Variance,
(iii) Material Usage Variance, 
(iv) Material Mix Variance.

Material Standard Mix Actual Mix
X 40 kg at Rs. 10 per kg 20 kg at Rs. 35 per kg
Y 20 kg at Rs. 20 per kg 10 kg at Rs. 20 per kg
Z 20 kg at Rs. 40 per kg 30 kg at Rs. 30 per kg
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उत्तर

Material Standard Actual Std. Proportion of Actual Input (Kg)
Quantity (Kg) Rate (Rs.) Total (Rs.) Quantity (Kg) Rate (Rs.) Total (Rs.)
X 40 10 400 20 35 700 30
Y 20 20 400 10 20 200 15
Z 20 40 800 30 30 900 15
  80   1,600 60   1,800 60

(i) Material Cost Variance (MCV) = (SQ x SR) - (AQ x AR)
∴ Material X = (40 x 10) - (20 x 35) = Rs. 300 (A)
Material Y = (20 x 20) - (10 x 20) = Rs. 200 (F)
Material Z = (20 x 40)- (30 x 30) = Rs. 100 (A)
Rs. 200 (A)

(ii) Material Price Variance (MPV) = (SR - AR) x AQ
∴ Material X = (10 - 35) x 20 = Rs. 500 (A)
Material Y = (20 - 20) x 10 = Rs. Nil
Material Z = (40- 30) x 30 = Rs. 300 (F)
Rs. 200 (A)

(iii) Material Usage Variance (MUV) = (SQ - AQ) x SR
∴ Material X = (40 - 20) x 10 = Rs. 200 {F)
Material Y = (20 - 10) x 20 = Rs. 200 (F)
Material Z = (20 - 30) x 40 = Rs. 400 (A)
Rs. Nil

(iv) Material Mix Variance (MMV) = SR x Difference in mix
Material X = 10 x (30- 20) = Rs. 100 (F)
Material Y = 20 x (15 - 10) = Rs. 100 {F)
Material Z = 40 x (15 - 30) = Rs. 600 {A)
Rs. 400 (A)

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Basic Concepts of Material Variance
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